Title
A resolution approving a sublease agreement with Woerner AgriBusiness, LLC.
Summary
Description of Topic: (who, what, where, when, why and how much)
A resolution approving entering into a sublease agreement between the City of Foley and Woerner AgriBusiness, LLC. The site will be used to host events held by the Sports Toursim Department.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
__X__ Not budgeted, requesting transfer of $_5,000_________ from Account #__01-628-8015__ to Account #___01-628-8075.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, City of Foley Sports Tourism, Subtenant requested and Woerner AgriBusiness, LCC, Tenant, who leases the same property from Woerner Gulf Beach Express, Inc. agreed to transfer, set-over and assign Tenant's rights and obligations for the use and occupation of Fields 331 and 335 containing 34.6 +/- acres and being part of the property described on Exhibit "A" in the attached agreement, and
WHEREAS, Subtenant has agreed ...
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